Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$280,274$280,274$1,305,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$1,024,726$0
Funding fee$1,401$1,401$0
Note rate2.740%2.740%7.320%
Blended rate2.740%6.674%7.560%
1st payment$1,309.88$1,309.88$8,964.44
2nd payment$0.00$6,618.02$0.00
Taxes / mo$1,208.33$1,208.33$1,208.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$261.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,734.88$9,352.90$10,650.44
Cash to close$1,169,726$145,000$145,000